Walmart Inc. (NYSE:WMT) Stock Holdings Lifted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its position in Walmart Inc. (NYSE:WMT) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 490,349 shares of the retailer’s stock after purchasing an additional 15,672 shares during the quarter. Walmart makes up approximately 0.7% of Oppenheimer & Co. Inc.’s holdings, making the stock its 19th biggest position. Oppenheimer & Co. Inc.’s holdings in Walmart were worth $44,303,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. FPC Investment Advisory Inc. bought a new stake in shares of Walmart during the 4th quarter worth about $25,000. Peterson Financial Group Inc. bought a new stake in shares of Walmart during the 3rd quarter worth about $26,000. Fiduciary Advisors Inc. bought a new stake in shares of Walmart during the 4th quarter worth about $27,000. Voisard Asset Management Group Inc. lifted its position in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares during the last quarter. Finally, Decker Retirement Planning Inc. acquired a new position in shares of Walmart during the 4th quarter worth about $32,000. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the sale, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Christopher James Nicholas sold 17,600 shares of Walmart stock in a transaction on Friday, February 21st. The stock was sold at an average price of $94.42, for a total value of $1,661,792.00. Following the sale, the executive vice president now directly owns 348,357 shares of the company’s stock, valued at approximately $32,891,867.94. This trade represents a 4.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 146,528 shares of company stock valued at $13,849,185 over the last three months. Company insiders own 45.58% of the company’s stock.

Walmart Stock Down 1.6 %

Shares of WMT opened at $96.11 on Thursday. The firm has a market capitalization of $772.10 billion, a price-to-earnings ratio of 39.88, a PEG ratio of 4.42 and a beta of 0.55. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The business’s fifty day moving average price is $95.70 and its two-hundred day moving average price is $87.17. Walmart Inc. has a 52 week low of $58.20 and a 52 week high of $105.30.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. On average, analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be paid a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.98%. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Analyst Ratings Changes

Several equities analysts recently weighed in on WMT shares. BMO Capital Markets boosted their price objective on Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. KeyCorp boosted their price objective on Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Morgan Stanley reaffirmed an “overweight” rating and issued a $115.00 price target (up previously from $106.00) on shares of Walmart in a report on Thursday, February 13th. Piper Sandler upped their price target on Walmart from $93.00 to $118.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. Finally, UBS Group cut their price target on Walmart from $113.00 to $112.00 and set a “buy” rating for the company in a report on Friday, February 21st. One equities research analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $103.07.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.